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Don’t Let the Kiddie Tax Play Costly Games with You

It’s not uncommon for parents, grandparents and others to make financial gifts to minors and young adults. Perhaps you want to transfer some appreciated stock to a child or grandchild to start them on their journey toward successful wealth management. Or maybe you simply want to remove some assets from yourRead More …

From the IRS Regarding Preparing for Natural Disasters

The Internal Revenue Service offers tips for disaster preparedness on their website for those who may be affected by storms or other natural disasters. They offer a special toll-free number to taxpayers in federally-declared disaster areas, staffed with IRS specialists who are trained to handle disaster-related issues.  To read theRead More …

2018 Federal Contractors Minimum Wage Increase

The U.S. Department of Labor’s Wage and Hour Division (WHD) has announced that the minimum wage rate for federal contractors will increase from $10.20 per hour to $10.35 per hour, effective January 1, 2018. Background Information On February 12, 2014, President Obama signed Executive Order 13658 which established a minimumRead More …

What Lenders Require in Today’s Economy

In today’s tough economy, the availability of business credit remains tight. Financial institutions are cautious and highly skeptical of new lending requests. In addition to increased scrutiny regarding new relationships, bankers are also increasingly turning their focus to existing customers. With little or no notice, lenders are closing business creditRead More …